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Here we go with your 3-6 posts '1 month old dodge account' you won't last long here, believe me.... Spreading FUD - fear uncertainty and doubt - over the bulk underground, because that's essentially the only unknown left that such disingenuous posts can target.
Last year we had months and months of tecnhical FUD with the GreenTool and others - who said Havieron would never be economic... but here we are 12 months later with a gigantic starter deposit, a $50m decline going in, and $50m GGP cash funding to DFS, and a published phase 1 mine PFS to take to the bank ... so NCM can get ore to Telfer ASAP.
You may be able to confuse and scare the un-researched with your manipulation, but you cannot touch Bamps or me.
For the rest of you MrBig is a skilled and devious operator who last night was attempting to exploit an ostensibly clever argument. The posts were subsequently removed this am. For the correct reasons.
What he/she was trying to do last night was apply NCM's conservative, underground stoping phase 1 mine operational costs @ $84/tonne - actually $81/tonne according to GGP using the correct exchange rate to Bulk Underground production.
The first Stoping operation has naturally has lower volumes, due to the inherent volume limitations of the Stoping technique and higher costs - ore transport to surface limitation, requirement for drill and blast / explosives, and extra material handling, and subsequence labour in back pasting costs )
But you cannot apply this to the anticipated Bulk under ground block caving grades of the larger scale deposit where the cost per tonne would be circa $25-27/tonne
This is a totally and fundamentally inappropriate comparison made by BiggL - It's like comparing two completely different company cost structures, AND specifically designed to imply that anything under 1.5g is likely to be 'uneconomic'...
And It's total BS becuase we ALL know that Cadia is economic down to 0.4g/t Au... specifically due the bulk efficiencies of the operational costs.
And very much like comparing and interweaving the cost structure of building Ferraris directly to Ford Fiestas -
IE both make massive profits, BUT in TOTALLY different ways . Obviously You cannot make a profit building Ford fiestas in the way you build a Ferrari though. That would be loss making.
That's the best analogy I can come up with. And that is the tactic of this poster. Always Happy to smash them into touch.
Expect Multiple shorter accounts with a very obvious agenda.s
Regarding bulk underground : The only question is will this be a block cave or a more selective sub level cave...? Anyone with mining nouse can see that.. The grade in those breccia are nothing short of sensational. And a mine in their own right.
Why would she leave at such an exciting time for PHE. Something is not right.
It's good of you to reply Lucky and no time frames here. I like the look of HL but I don't envisage much trading as a LTH which is why I opted for T212 in the first instance but trying to sell is an absolute nightmare and sells can take days to complete. Therefore I'm hoping to register with a broker that offers quick sells on the odd occasion I might have to.
Gotham, I'll have a look at IG, thanks.
Thanks ZYKE, I've looked at both HL and II so it's just a question of who I decide to go for.
Lucky, if I might ask, who are you with? I'm with T212 and I desperately want to get out ASAP. They don't transfer ISA's so I need to close my positions and look elsewhere. Any suggestions greatly appreciated please.
Sorry for any misleading title Havoc. It was not my intention.
SSX3 sounds promising Jack.
FML. I'm an LTH. Something is afoot.
T212 states: 'Moved to a market segment of the LSE which is not supported by our execution intermediary'
As the title suggests. Anyone???
Some may look at those videos and decide that their money is best invested elsewhere at present instead of a field. I totally get PHE, it's current status and it's future but these videos do little to sustain the current SP and new investors may think twice in the short term. I reckon some current investors may cash out and come back when the SP is lower based on those videos.
I appreciate the reasons why you may have posted the videos but it's different to a couple of fellas writing their observations. These LSE pages are viewed by many thousands of people who don't comment here, much like me, but I think it's detrimental to the current SP and I believe the PHE team will be disappointed to see these. I would suggest that the videos are removed and leave the updates to the RNS and PHE. I'm a long term holder and PHE is significant in my portfolio.
Good to hear from you Dr A. Your posts are informative and provide a balanced view which enables most of us to have a better understanding of PHE. It's great that you're able to share your dialogues with PHE people and please keep on posting whatever you have.
Chin up and best foot forward sir!
Pete
Morning all,
I've just finished cleaning up my morning cornflakes from spitting them out in astonishment at reading Argo blockchain's RNS and their collaboration with DMG Blockchain. I thought it was our DMG!!!
Anyway, this news surely has positives for what PHE produces and we can spread our tentacles into other areas.
Good luck PHE!
Pete
I'm sorry to hear of your loss Paddy. Take good care of yourself and your loved ones.
No you haven't because I can't as it's still showing as suspended. You've likely set up a buy when it next becomes available.
I don't know you Panama but I'm sending My sincerest condolences. Stay safe and reach out to your family and friends for support at this sad time.
Yoizer on Telegram seems OK for me for RNS alerts.
Signed
Chunky buys going through this morning. Wish I had that kind of money to lump in now.
Correct trillsg